Will I get an auto loan with a credit score of 662?

1 Answer

Answer :

answer:Yes, you will. But a 662 will probably get you a less attractive rate than if you had a 750, because you will be perceived (right or wrong) as more of a credit risk. The amount they give you will be based on your income, and the age and condition of the car. There’s no way for us to know either of those.

Related questions

Description : What do I need to improve my credit score for an auto loan?

Last Answer : To improve you credit score for an auto loan, you need to pay off your bills on time. You should pay off your debt. You should not take out additional credit and you should check your credit report.

Description : How can I get a student loan, in Alberta, with a 725 credit score?

Last Answer : Contact a branch of ATB Financial and ask a credit officer.

Description : How can you refinace your car loan, which is at 10%. When you have a credit score under 690, and your bank already told you no?

Last Answer : Do you have a credit union? If you have automatic payroll withdrawal, maybe. For a bad credit score, 10% is not a bad rate.

Description : Does a bounced cheque affect your credit score, even if no loan payment is involved?

Last Answer : Bounced cheque doesn't affect the credit score until the payment is related to a loan transaction.Banks doesn't report transactions to credit bureaus. but remember that when you take a loan in ... transactions.but if the same problem persists then bank could deny the loan. hope this helps

Description : Can I apply for a car loan with a credit score of 593?

Last Answer : This is a very poor credit score. You can apply but it isunlikely you will get a loan without a cosigner. If you are able toget a loan without a cosigner your interest rate will be very highas compare to someone with a good credit score of over 700.

Description : How might your credit score impact your loan intrest?

Last Answer : What is the answer ?

Description : Does unsecured loan affect the credit score?

Last Answer : Not only unsecured loans, but any loan you take affect your credit score.If you are paying the EMIs regularly without delay then it will boost your credit score and vice-versa.If you are interested in ... com, submit your details and choose the bank with best interest rates. It's as easy as that.

Description : Will a low credit score hurt my chances of getting a car loan?

Last Answer : While it may be more difficult for someone with a low credit sccore to get as good of a loan as someone with a good credit score, it is not necessarily a problem or impossible. For more information www.efunda.com/formulae/finance/loan_calculator.cfm offers loan calculators.

Description : When buying a house, will a loan company tell you your credit score?

Last Answer : Any type of loan company you talk to will be able to let you know your credit score. As long as you have a really good credit score you should have no problem getting a second home.

Description : Which banks would give you a loan if your credit score was 220?

Last Answer : The minimum credit score (CIBIL Score) is 300 and if your credit score is 220 so don't worry about it. I am giving some loan companies names that have a less interest rate on the loan ... that provide you a loan with the lower Credit Score:1. LoanMart2. Bajaj Finance3. Ujjivan4. MudraKwik5. IIFL

Description : Which of the following plays an important role in the loan approval process? A. Credit Information Report (CIR) B. CIBIL TransUnion Score C. Only A D. Both (A) and (B) E. None of the Above

Last Answer : D. Both (A) and (B) Explanation: The Credit Information Report (CIR) and CIBIL TransUnion Score are very important in the loan approval process.

Description : How Your Credit Score Affects Your Auto Insurance Premium?

Last Answer : Have you ever considered that your credit score is used for more than just getting a loan at the bank? These days many types of organizations use your credit score to determine how much they ... your finances. Banks, insurance companies and others will take notice and you will reap the benefits.

Description : The institutionalization of the continuing Professional Education (CPE) Program of the various regulated profession under the supervision of the Professional Regulation Commission. A. E.O. No. 266 B. E.O. No. 626 C. E.O. No. 662 D. P.D. 381

Last Answer : A. E.O. No. 266

Description : .Kamya purchased an item for Rs 46,000 and sold it at a loss of 12 per cent. With that amount she purchased another item which he sold at a gain of 12%. What was her overall gain/loss? 1. Loss of Rs 662.40 2. Profit of Rs 662.40 3. Loss of Rs 642.80 4. Profit of Rs 642.80

Last Answer : 2. Profit of Rs 662.40

Description : Do you need good credit for an auto loan?

Last Answer : For the more expensive cars you will need a good credit rating,you credit rating is a way of letting the lender know how much he or she can lend you with the probability of you paying it back.

Description : I had filed for bankruptcy 2yrs ago and it was dismissed. I have a zero balance on a auto loan that shows on my credit report. Do I still have to make my car payments?

Last Answer : If you reaffirmed your car loan during your bankruptcy, you agreed to continue making the payments. If you included your car in the bankruptcy, then the loan was wiped clean, as it appears to have ... the lawyer who handled your bankruptcy, but my guess is that your car slipped through the cracks.

Description : Refinancing an auto loan - in-house?

Last Answer : answer:Yes, of course, ask them. If they say yes, you com out ahead, and if they say no you don’t lose anything. We refinanced all three of our cars with a credit union and got a very low rate on them. Credit Unions are almost always lower interest than banks.

Description : Auto Loan Early Payoff?

Last Answer : Auto Loan Early PayoffHow much interest can you save by increasing your auto loanpayment? This financial calculator helps you find out. View thereport to see a complete amortization payment schedule, and howmuch you can save on your auto loan!

Description : Auto Loan Calculator?

Last Answer : Auto Loan CalculatorUse this calculator to help you determine your monthly auto loanpayment or your auto purchase price. After you have entered yourcurrent information, use the graph options to see ... . Youcan also examine your complete amortization schedule by clicking onthe "View Report" button.

Description : Auto Loan vs. Home Equity Loan?

Last Answer : Auto Loan vs. Home Equity LoanHome equity loans often have lower interest rates than autoloans and the interest may be tax deductible. Two good reasons totake a look at home equity loans to finance your automobilepurchase.

Description : Bi-weekly Auto Loan Calculator?

Last Answer : Bi-weekly Auto Loan CalculatorThis calculator shows you possible savings by using anaccelerated bi-weekly auto loan payment. Bi-weekly paymentsaccelerate your auto loan payoff by paying 1/2 of your ... thousands of dollars in interest. Click on the "ViewReport" button to see your savings!

Description : What are some disadvantages of an auto title loan?

Last Answer : Auto title loans are risky at best. Interest rates are very high, it may become impossible to pay off the loan. A good article about the disadvantages of an auto title loan can be found ... -08/living/aa.car.title.loans_1_car-title-loan-interest-rates-responsible-lending-for-title-loans?_s=PM:LIVING

Description : When getting an auto loan, is the title different in California than paying cash for a car?

Last Answer : Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.

Description : Would refinancing my auto loan be a good idea if I can not afford the payments/?

Last Answer : Refi of an auto loan can help to lower montly payments. You can get a lower rate if you refi with a lower interest rate.

Description : What happens if I don't repay an auto title loan?

Last Answer : You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.

Description : What information does the dealership need for me to fill out their auto loan forms?

Last Answer : In order to apply for an auto loan, you will need your personal information such as your name, social security number, income details. You will also need to provide your employment details.

Description : What exactly is an auto loan amortization ?

Last Answer : The term "auto loan amortization" simply refers to the payment shedule associated with an auto loan. Auto loans can be obtained at a variety of financial establishments, whilst amortization schedules for such loans are available online.

Description : Where can I get a quick auto loan?

Last Answer : First start with a local car dealership. If that doesn't work then try your local bank, especially if you've had a long relationship with them. You can also try a buy here pay here dealership.

Description : How can I refinance my auto loan?

Last Answer : I would go to the place you got your loan from and see if they can refinance it to save you on internet. If you cannot get a lower rate from them, I would look at other loan places to find a lower rate.

Description : Is there any auto loan with good rates, that works the best?

Last Answer : Yes, you can go to a place online to find auto loan companies. One example is 1-800-get-acar. However, it may be a good idea to check out local companies that you can trust. Wells Fargo and Bank of America as well-known companies that offer auto loans.

Description : What is the meaning of auto loan calculator.?

Last Answer : An auto loan calculator shows how much you're REALLY paying for a car after the loan term and interest rate are factored in. It can also calculate how long it will take to pay off your loan based on how much you are paying each month.

Description : are auto loan rates fixed or variable?

Last Answer : Auto loan are fixed rate loans. The only way to change them is to go to another lender and refinance for a lower rate. I recommend shopping for the best rate before you start and would advise going with your personal bank over financing through the dealer.

Description : Where is the site in which you can pay to have your credit score raised?

Last Answer : Fraud scam !

Description : How do you get your credit score to 800?

Last Answer : If you don't want to open more credit cards you could try to just get your credit limit raised on the card you already have. For instance if your credit limit is currently $5K on your visa, see ... in full, that you currently have transactions not paid counts. It is not just about paying on time.

Description : Suppose every adult had to wear an armband showing his/her credit score on that armband. How would that change society?

Last Answer : I think a lot of people would be embarrassed at their actual score, driving around in expensive cars they can’t afford, living on credit card debt.

Description : How can I fix my credit score fast?

Last Answer : Welcome to Fluther. Well, you can't fix your credit score quickly ; that's actually one of the good things about it as an indicator of a person's reliability. That is, it reflects the ... spending money that you don't have indicates low self-discipline, and who is interested in hiring that person?

Description : Should I get a credit repair service for a credit score of 670?

Last Answer : Noooooo

Description : What are some ways I can make my credit score higher/better?

Last Answer : This detailed article should help with your query resolution

Description : Can you explain why my credit score increased?

Last Answer : Probably you just paid your bills on time and furthered your track record by another month.

Description : Where can I check my credit score for free?

Last Answer : There are three sites that give you a free credit report including your score for free every 12 months. Let me see what I can find.

Description : Who gives the most accurate credit score?

Last Answer : answer:I don't think that there is such a thing as most accurate . Each of the credit companies (Equifax, Trans Union, etc.) has their own proprietary algorithms which take into account slightly ... but you cannot really say one is right and the other wrong, because they're calculated differently.

Description : Is one's credit score actually important?

Last Answer : answer:It matters if you ever buy a house, lease a car, get a personal/business loan, apply for a credit card, or apply for certain jobs. Other than that, no, your credit score doesn’t matter at all. Paying for your credit score, however, is totally unnecessary.

Description : Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

Last Answer : Better to pay off. Bankruptcy puts a big mark on you credit report, no one wants to get left holding the bag when you opt out of your debt. Bankruptcy takes the legal obligation away, but does not clear your record.

Description : How to improve credit score within 2-3 months?

Last Answer : answer:It depends on what kind of credit you are trying to get, and how lenient the loan officer feels. You have to convince them you are able to pay back the loan. Credit Unions are the best places to get car loans, and if you have automatic deposit of your pay check, it will be easier.

Description : What's the best way to get my credit report / score?

Last Answer : you can get a free copy at annualcreditreport.com. This will tell you what your report says but it won't give you your FICO score. You will have to pay for that. There are three credit reporting agencies, ... to one or two. Each must give you a free credit report once a year if you request it.

Description : Can my spouse's credit score be affected?

Last Answer : I don’t know. I would ask an attorney or an accountant.

Description : How often does your credit score change?

Last Answer : It is fluid. It is constantly changing, and it is based on the length your accounts are open, your last billing cycle, and your last late payment.

Description : If I pay a lump sum settlement will my credit score improve?

Last Answer : Usually it says paid in full for less than the full amount. (or something like that .) It might look better to some creditors and it might raise your mysterious FICO score by a bit, and it will ... last transaction, so if you pay the settlement, it will be seven years from the date you paid it.

Description : Would raising your credit limit negatively affect your credit rating/score?

Last Answer : I'm not 100% sure about this, but every financial guidebook I've ever read said to keep getting your limit bumped every year if you need it or not. If it were harmful to your credit, I don' ... be so widely advocated for. Therefore, my best guess is that it's neutral/beneficial to your credit score.

Description : What's a good website to check my credit score?

Last Answer : Unfortunately all my results are for in Canada, but this may have an american version.